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Shenzhen Fortune Trend Technology Co (SHSE:688318) Cash per Share : ¥15.19 (As of Mar. 2024)


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What is Shenzhen Fortune Trend Technology Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Shenzhen Fortune Trend Technology Co's Cash per Share for the quarter that ended in Mar. 2024 was ¥15.19.

Shenzhen Fortune Trend Technology Co Cash per Share Historical Data

The historical data trend for Shenzhen Fortune Trend Technology Co's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen Fortune Trend Technology Co Cash per Share Chart

Shenzhen Fortune Trend Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.97 7.16 5.66 5.94 17.86

Shenzhen Fortune Trend Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.83 6.71 7.62 17.86 15.19

Shenzhen Fortune Trend Technology Co Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Shenzhen Fortune Trend Technology Co's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=2333.682/130.7
=17.86

Shenzhen Fortune Trend Technology Co's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=1985.179/130.7
=15.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shenzhen Fortune Trend Technology Co  (SHSE:688318) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Shenzhen Fortune Trend Technology Co Cash per Share Related Terms

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Shenzhen Fortune Trend Technology Co (SHSE:688318) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » Cash per Share
Comparable Companies
SZSE:002373 SHSE:603927 SHSE:688568 SZSE:300212 SZSE:000997 SZSE:002065 SZSE:300682 SHSE:600271 SZSE:300002 SHSE:688343 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049
Website
https://www.tdx.com.cn
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

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